What is the Phosphorus Index (PI)? The Phosphorus Index is a tool used to assess the potential for phosphorus (P) to move from agricultural fields to surface water. It uses an integrated approach that considers soil and landscape features as well as soil conservation and P management practices in individual fields.
At the end of July 1997, Sears stock price peaked at a closing price of $63.13. In 2004, Kmart Holding Corporation announced its intention to acquire Sears. The merger on March 24th, 2005, was worth $11 billion and put Kmart Holding Corporation, Kmart and Sears under the new âSears Holdings Corporationâ.
For its fiscal third latest quarter, Sears' loss came to $6.99 a share, compared to $4.26 a share, a year earlier. On an adjusted basis the company posted a loss of $3.11 a share. Revenue fell 13% to $5.03 billion hurt by many store closings and a 7.4% decline in comparable sales. Sears' promises to investors have stretched investor credulity. Indeed, shares have fallen by about 40% this year.